corruption

02.02.2016 17:13

Ukraine’s challenge for 2016 is corruption, not conflict

The parliament has adopted a new legal tool in order to stop corruption among civil servants and politicians. The new law establishes the transparency of bank account of public officials. In order to get this law approved the EU offered Ukraine the carrot of a free visa regime as an incentive. Up to one million people could be required to use the new form to declare their income statements.

29.01.2016 19:56

The NABU submitted statement claims at an amount estimated over 346 million UAH on the investigation of embezzlement of the Zaporizhyaoblenergo OJSC property

On 29 January 2016 the National Anti-corruption Bureau of Ukraine filed 4 suits asking to invalidate Claim Assignment Agreements signed between Zaporizhyaoblenergo OJSC, a company with 60% of the shares belonging to the state, and the private firm Energomerezha Holding Company. According to these agreements, the creditor was replaced for debts of major electricity consumers amounting to more than 346,2 million UAH.